COMP PAC Newsletter - April 3, 2018

COMP PAC Newsletter April 3, 2018

Keep up-to-date with the latest legislative and regulatory news. Visit IACP's website. Send your suggestions and questions to [email protected] .

IACP COMP PAC Reveals NEW COMP PAC Programs!

A Message from Your COMP PAC Chair - Shawn Hodges, PharmD


	Shawn Hodges, PharmD IACP Vice President and COMP PAC Chair

What Your IACP COMP PAC Committee is Doing for You

The IACP COMP PAC Committee has been really active and 2018 is shaping up to be an amazing year! Since our last newsletter, we have had multiple PAC events, had more IACP members joins the COMP PAC Committee, and raised even more money for IACP COMP PAC. I want to thank our COMP PAC Committee members and all the COMP PAC donors. What a fantastic group of passionate people! Thanks to the Committee members and donors we were co-hosts on an extremely success PAC event in Utah for Congressman Stewart!

Now Your COMP PAC Committee is launching all new COMP PAC Programs!

The COMP PAC Committee has been working diligently to bring you new programs that give you the opportunity to be more involved with the IACP COMP PAC, share your stories and your patients' stories with Members of Congress, and become more engaged in preserving patient access through the IACP COMP PAC!

(1) Today, We're Putting Our Money Where Our Mouth is - the COMP PAC Match Program! - To generate some immediate contributions to our PAC fund, we are launching a new COMP PAC Match program! It's a very simple concept - for every $1 donated to COMP PAC, our PAC Committee members will match that donation by $1. We are thrilled to tell you that we tallied $16,250! Want to help boost that amount? Contact us at (281) 933-8400 and give to your IACP COMP PAC!

(2) In addition, we are officially launching the NEW COMP PAC Tier Program! The new IACP COMP PAC Tier Program recognizes those of you that are donating to the IACP COMP PAC by giving you valuable COMP PAC benefits. Not only do you get to support pharmacy champions in Congress, but you also receive amazing COMP PAC benefits! It's a win-win for everyone!

(3) We've also created a Monthly Payment System! Many of you have asked for a monthly donation program versus a one-time donation plan. We're making that happen for you! We want to make it as easy and convenient as possible for you to donate to COMP PAC. Now you can spread out those COMP PAC contributions to help with your budgeting. I'm a pharmacy owner, and I know you have a lot of financial responsibilities. We're providing you with a more flexible way to donate to COMP PAC. Let us know what you think! Help us make this a success! *Please note per the FEC, monthly contributions are tallied for the calendar year, not twelve months from the first monthly donation. Benefits for the monthly donations will not go into effect until the following year. If you would like to receive the benefits for your monthly donation level in the year you start donating, you will need to pre-pay the total amount of the level of benefits you desire.

(4) NEW CCH COMP PAC Programs! We've heard from YOU that you want more opportunities at CCH to meet Members of Congress in-person and share your stories. This year, we will be adding an additional opportunity to meet a Pharmacy Champion to the CCH agenda, and in future years we will continue to add these opportunities to the agenda to give you the opportunity to meet in a small setting with Members of Congress that are helping to preserve patient access! So, do not forget to Save the Date and get your tickets for the COMP PAC Dinner and Fundraisers being held during Compounders on Capitol Hill! You can reserve your ticket for the COMP PAC dinner HERE. We will be sending out more details about the additional COMP PAC events at CCH in the coming weeks, so watch your inbox for additional information!

(5) Check out those brand-new PAC Pins! Be recognized for your COMP PAC donations! They're gorgeous and I know I'll be wearing mine at Compounders on Capitol Hill this year. Find out how to get one of your own!

In addition to our new programs that recognize YOU as an IACP COMP PAC donor and give you the opportunity to support pharmacy champions in Congress, please keep us in the loop on any district fundraising events you believe IACP COMP PAC should support. Email us at [email protected] with any requests!

We would love to have you on the COMP PAC Team! If you are interested in joining the COMP PAC Committee, it's not too later. Email us at [email protected] and let us know you'd like to join.

So Get Involved! Meet with Your Members of Congress! Donate to COMP PAC!

Thanks for Your Support,

Shawn Hodges, PharmD, IACP Vice President and COMP PAC Chair

Take a Look at the New IACP COMP PAC Tiers!

Executive Diamond	$3,000 + or $225 +/month	10% Registration discount for 2nd IACP member at either CCH or EduCon One CCH COMP PAC dinner ticket with Preferred Seating and / or Interaction with the Congressman^B Two tickets to the IACP President's Gala (Value $550) IACP "Executive Diamond" pin Plus Diamond benefits except pin
Diamond	$1,500 - $2,999 or $125 - $249/month	10% Registration discount at either CCH or EduCon Recognition at the Board of Director's meeting One ticket to CCH COMP PAC dinner^B IACP "Diamond" Pin Plus Platinum benefits except pin
Platinum	$500 - $1,499 or $42 - $124/month	One ticket to Congressman's reception at EduCon^A Two drink tickets at IACP Fundraising Event (Value $30) Recognition at EduCon / CCH IACP "Platinum" Pin Plus Gold benefits except pin
Gold	$200 - $99 or $17 - $41/month	Recognition in COMP PAC newsletter IACP "Gold" Pin Plus Silver benefits except pin
Silver	$100 - $199 or $10 - $16/month	Thank You Letter IACP COMP PAC Ribbon at EduCon / CCH IACP "Silver" Pin

^Disclaimers: 1.) If paying via monthly, benefits will not apply until completion of the payment term. (i.e. member submitting monthly payments starting in January 2018, will not experience tier benefits until January 2019.)
2.) Tickets to registration for conferences, fundraising events, CCH, COMP PAC dinner are non-transferable.
3.) Discounts may not be combined with any other promotional discounts.

^A $250 of your donation will be applied towards PAC Reception Fundraising at EduCon
^B $1,000 of your donation will be applied towards Comp PAC Dinner Fundraising at CCH

The New COMP PAC Pins

are Here!

They're here! The beautiful new COMP PAC pins are here! The New COMP PAC Contributor Pins - are what all the fashionably dressed will be wearing at Compounders on Capitol Hill in D.C. this June! Don't you want one of these awesome pins? Find out how you can get one of your very own. Email [email protected] for more information.

IACP COMP PAC Co-Hosts Successful Event with IACP Board member and IACP Chair, Jeffery Bray, for Congressman Chris Stewart at MedQuest Pharmacy in Utah

U.S. Congressman Chris Stewart (UT) (middle) visits with IACP Board Member Jeffery Bray, and PCCA President Jim Smith at a PAC Reception held at MedQuest Pharmacy in North Salt Lake City, UT.

IACP Board Member and Infrastructure Review Chair, Jeffery Bray , Senator Evan J. Vickers, Cliff Holt, Dana Burnett, Koby Taylor, the IACP COMP PAC, PCCA PAC and NCPA PAC hosted an event on Thursday, March 29, 2018 at MedQuest Pharmacy in North Salt Lake City, UT for Congressman Stewart! Congressman Stewart was able to tour the pharmacy and spend time with attendees.

Congressman Stewart is a Member of the House Committee on APPROPRIATIONS and is a true champion for compounding pharmacists and he has fought to preserve patient access to vital compounded medications.

We are so thankful to Jeffery for hosting this amazing opportunity for IACP members to meet Congressman Stewart and to be your patients' voice!

Thank you to all IACP Members who contributed to this COMP PAC event! Your contributions are crucial for ensuring patients have continued access to compounded medications!

Save the Date for Compounders on Capitol Hill COMP PAC Reception!

Make plans now to attend the COMP PAC Dinner and Fundraiser to be held during IACP's Compounders on Capitol Hill, on Monday, June 25^th, 7 to 9 pm EST at Ruth's Chris Steak House in Washington D.C.! This is an exclusive opportunity to meet the Champions of Compounding face-to-face in Washington, D.C. Stay tuned for the announcement of our high-profile influencer who will personally meet with our COMP PAC attendees, and talk about the future of pharmacy compounding, and how we continue to protect our patients' access to compounded medications! You can get your tickets HERE!

IACP COMP PAC Lunch Fundraiser for Congressman Morgan Griffith!

Stay tuned for details coming soon on a NEW IACP COMP PAC Lunch Fundraiser at CCH for Congressman Morgan Griffith and your opportunity to meet a true pharmacy champion and share your and your patients' stories! You won't want to miss this NEW PAC event!

Please click here to access the contribution form for this vitally important COMP PAC Dinner and Fundraiser!

What is a PAC?

A PAC, or "political action committee," is simply a group that is organized to contribute to political campaigns. Prior to the creation of PACs in the early 1970s, campaigns were funded without public disclosure, leading to a series of scandals in 1972. PACs are merely the vehicle to make campaign financing public. A PAC is a separate bank account whose income and expenditures are monitored by the federal government through the Federal Election Commission.

Laws limit donations and prohibit certain kinds of spending. PAC donations to candidates support their "cost of doing business" - their overhead or campaign-related expenses. Each candidate's PAC must account for all expenditures the candidate makes in the campaign to ensure that funds are not being improperly used.

A PAC contribution is generally regarded as a political message of support for the member of Congress. IACP COMP PAC raises money to strategically support the campaigns of candidates who support pharmacy compounding and to oppose efforts to restrict the practice. A PAC is a means of ensuring that the right people represent IACP in Congress.

Rules of a PAC

PACs are governed by a litany of federal rules; however, we try to make contributing as simple as possible. Here are the most important rules governing contributions to COMP PAC:

Contributions can only be made by IACP members and spouses who are U.S. citizens.
Contributions can only be made from PERSONAL accounts - a PERSONAL credit card or PERSONAL check only.
There is a $5,000 maximum contribution per person, per calendar year.
Contributions to COMP PAC are not tax-deductible.
PAC contributions are not reimbursable by an employer or any other entity.
Contributions to COMP PAC are strictly voluntary and a member can choose not to give without risk of reprisal or retaliation.
The Federal Election Commission (FEC) requires that COMP PAC attempt to collect certain information on each donor (name, address, occupation, employer) for reporting purposes.

Great Leadership Makes for Great Success - Your 2018 COMP PAC Committee

Thank you to the 2018 COMP PAC Committee! Under COMP PAC Chair Shawn Hodges' leadership, COMP PAC has continued to evolve into a powerful force, and has undertaken a multitude of strategic steps to ensure IACP can continue to effectively work with our compounding champions on Capitol Hill. Committee members invest extraordinary time and energy to help ensure our COMP PAC succeeds in achieving its mission. Thank you COMP PAC Committee for your service!

Would you like to get involved with the COMP PAC Committee? Please email Jennifer Petska, BS, CPhT, at [email protected] , and let us know!

2018 COMP PAC Committee

Shawn Hodges, PharmD, Chair

Michael Blaire, RPh, FIACP

Jeffery Bray, MBA, MAED, SHRM-SCP

Michelle E. Cruson, PharmD

Denise Frank, RPh

Peter Koshland, PharmD

Ben Marshall

Gary McCrory, RPh, CCN

David J. Miller, RPh, PhD

Rasesh Patel, RPh

Alexander Pytlarz, PharmD

Erik Tosh, BS, DPh, FIACP, FACA

Cynthia E. Blankenship, Esq., Staff Liaison

COMP PAC Committee Member Roles

Incoming Communication (Serve as the eyes/ears of IACP PAC Activities)

Identifying Congressional hosting fundraising events
Identify other pharmacy organizations that engage in PAC activities (opportunity to co-host events)
Identify new Members of Congress who serve the interests of IACP and pharmacy compounding

Outgoing Communication

Carry the IACP message and talking points when meeting with Members of Congress (including photo opportunities)
Assist in forging/strengthening relationships with other pharmacy organizations
Assist in communicating to membership the importance of contributing to COMP PAC

Other

Contribute and assist in the development of a strategic plan for strengthening COMP PAC's position/relationship with Members of Congress
Maintain the highest of ethical standards by which satisfies the rules of PAC as well as the integrity of IACP
Become knowledgeable of IACP PAC bylaws

Contribute to IACP's COMP PAC! General COMP PAC Donation Form

COMP PAC is the only political action committee supporting the professional and proprietary needs of compounding pharmacy! We greatly appreciate your contributions! Please click here to access a COMP PAC Donation Form.

IACP| 281.933.8400 | [email protected] | iacprx.org

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